360 ONE, TR Capital among buyers eyeing Paper Boat early backers stakePrivate equity firms, including 360 ONE and TR Capital, are negotiating to acquire a stake in Hector Beverages. Existing investors, such as...
Diageo India enters ready-to-drink alcohol market, takes on Bacardi in nascent segment with Smirnoff IceDiageo India is entering the ready-to-drink alcohol market with its Smirnoff brand and various flavors. The company aims to attract younger...
CSIR-NIIST, Tata Consumer to set up food fortification centre in ThiruvananthapuramCSIR-NIIST and Tata Consumer Products Ltd are collaborating to create a Centre of Excellence for food fortification. This new partnership a...
Buy, Sell or Hold: Morgan Stanley maintains overweight on Varun Beverages; Nuvama retains hold on CyientMorgan Stanley retained its Overweight rating on Varun Beverages with a Rs 557 target, while Nuvama maintained a Hold on Cyient and raised ...
Varun Beverages to foray into alcohol biz, set up subsidiaryVarun Beverages is entering the alcohol business by incorporating a new subsidiary. The company has appointed Prathmesh Mishra as the chief...
Varun Beverages forays into alcohol business, names ex-Diageo executive Prathmesh Mishra to lead new unitVarun Beverages will enter the alcoholic drinks market with a new subsidiary. The company appointed a former Diageo executive to lead this ...
Why Pepsi could be seeking a 'high' in IndiaSoft drink giants like PepsiCo and Coca-Cola are venturing into the premium ready-to-drink (RTD) alcoholic beverage market to counter seaso...
Bank of Baroda launches new fixed deposit scheme; offers higher FD interest rates of up to 7.9%Latest Bank of Baroda FD interest rates: Bank of Baroda has recently revised the interest rates for its fixed deposits on specific deposits...
Ready to drink cocktails see rising preference, but low availability hampers growth: Benori Knowledge surveyIn a survey with more than 1000 alcohol consumers, Benori Knowledge, a provider of custom research and analytics solutions, finds that the ...
Liquor cos offer ready-to-drink cocktail variants for the locked-in"We saw encouraging consumer trends with respect to the accelerated growth in the cocktail culture, enhanced consumer repertoire to try new...
UBL plans to launch Kingfisher Buzz in all major cities by DecemberCurrently, the estimated market size of RTD is of around 2 million cases and the segment has an annual growth of around 11-12 per cent.
United Spirits exits ready-to-drink market; pulls back Smirnoff IceUSL has stopped production of Smirnoff Ice, a premixed vodka drink, which it had launched in few markets starting with Karnataka and Goa.
Breezer serves aam panna, nimbu paaniBacardi has introduced aam panna and nimbu paani flavours, to accelerate growth of its ready-to-drink (RTD) brand Breezer.
- Beam Inc launches Scotch based beverage 'Teacher's ready to drink'
Beam Inc., a leading global spirits company, has decided to launch Teacher's ready to drink (RTD), a Scotch based beverage in a can to exte...
- Beam plans national roll-out of Scotch-based RTD in India
US-based liquor maker Beam Inc is gearing up for a national roll-out of its recently launched Scotch-based ready-to-drink (RTD) product und...
- Instant tea firms get 5% duty incentive on export
The move is aimed at boosting outbound shipments at a time when the world markets are yet to emerge out of recession.
- Goodricke Group eyes growth in value-added segment
The company, which now markets 6 million kg through packets, plans to increase it to 10 million kg within three years.